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Listed below are the amounts of net worth (in millions of dollars) of the ten wealthiest celebrities in a country. Construct a 90% confidence interval. What does the result tell us about the population of all celebrities? Do the data appear to be from a normally distributed population as required? 198 194 167 166 160 151 255 What is the confidence interval estimate of the population mean µ? $ million<μ<$ million (Round to one decimal place as needed.) C 151 151 151 D

Listed below are the amounts of net worth (in millions of dollars) of the ten wealthiest celebrities in a country. Construct a 90% confidence interval. What does the result tell us about the population of all celebrities? Do the data appear to be from a normally distributed population as required? 198 194 167 166 160 151 255 What is the confidence interval estimate of the population mean µ? $ million<μ<$ million (Round to one decimal place as needed.) C 151 151 151 D

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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What does the result tell us about the population of all celebrities? Select the correct choice below and, if necessary, fill in the answer box(es) to complete your choice. O A. We are 90% confident that the interval from $ million to $ million actually contains the true mean net worth of all celebrities. (Round to one decimal place as needed.) OB. We are confident that 90% of all celebrities have a net worth between $ million and $ million. (Round to one decimal place as needed.) OC. Because the ten wealthiest celebrities are not a representative sample, this doesn't provide any information about the population of all celebrities. Do the data appear to be from a normally distributed population as required? O A. Yes, because the pattern of the points in the normal quantile plot is reasonably close to a straight line. O B. Yes, but the points in the normal quantille plot do not lie reasonably close to a straight line or show a systematic pattern that is a straight line pattern. OC. No, but the points in the normal quantile plot lie reasonably close to a straight line and show some systematic pattern that is a straight line pattern. OD. No, because the points lie reasonable close to a straight line, but there is a systematic pattern that is not a straight line pattern.
Transcribed Image Text:What does the result tell us about the population of all celebrities? Select the correct choice below and, if necessary, fill in the answer box(es) to complete your choice. O A. We are 90% confident that the interval from $ million to $ million actually contains the true mean net worth of all celebrities. (Round to one decimal place as needed.) OB. We are confident that 90% of all celebrities have a net worth between $ million and $ million. (Round to one decimal place as needed.) OC. Because the ten wealthiest celebrities are not a representative sample, this doesn't provide any information about the population of all celebrities. Do the data appear to be from a normally distributed population as required? O A. Yes, because the pattern of the points in the normal quantile plot is reasonably close to a straight line. O B. Yes, but the points in the normal quantille plot do not lie reasonably close to a straight line or show a systematic pattern that is a straight line pattern. OC. No, but the points in the normal quantile plot lie reasonably close to a straight line and show some systematic pattern that is a straight line pattern. OD. No, because the points lie reasonable close to a straight line, but there is a systematic pattern that is not a straight line pattern.
Listed below are the amounts of net worth (in millions of dollars) of the ten wealthiest celebrities in a country. Construct a 90% confidence interval. What does the result tell us about the population of all celebrities? Do the data appear to be from a normally distributed population as required? 255 198 194 167 166 160 151 What is the confidence interval estimate of the population mean μ? $ million <µ<$ million (Round to one decimal place as needed.) C 151 151 151 Q
Transcribed Image Text:Listed below are the amounts of net worth (in millions of dollars) of the ten wealthiest celebrities in a country. Construct a 90% confidence interval. What does the result tell us about the population of all celebrities? Do the data appear to be from a normally distributed population as required? 255 198 194 167 166 160 151 What is the confidence interval estimate of the population mean μ? $ million <µ<$ million (Round to one decimal place as needed.) C 151 151 151 Q
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